September 1981 - September 30, 1981 (Wednesday)

September 30, 1981 (Wednesday)

  • The United States' debt ceiling was raised to one trillion dollars for the first time in history, the day after the U.S. Senate, by a margin of 64-34, approved an increase of the government's credit limit from $985 billion to $1,079,000,000,000. President Reagan signed the legislation at 8:15 pm in Washington.
  • Pakistani commandos stormed a hijacked Indian Airlines jet and rescued all 45 hostages, two hours before a deadline for action. The plane had been seized the day before by three Sikh nationalists, then flown to Lahore.
  • Born: Cecelia Ahern, Irish novelist, in Dublin

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